Which of the following statements regarding the differences between banks and MFIs in the provision of credit facilities is untrue?
A) both banks and microfinance institutions require borrowers to have physical collateral to secure funding
B) clients come to the bank while microfinance institution goes to the clients
C) the clients of the bank are relatively well-off whereas the clients of microfinance institutions are poor
D) all of the above
Correct Answer:
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